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Archive for the ‘ Gold Dealers ’ Category

Higher grade coins ‘offer investment opportunity’

Thursday, September 2nd, 2010

Higher grade gold coins could offer individuals a chance to boost the value of their collection, it has been claimed.

Writing for Coin Link, Legend Numismatics argued that it is worthwhile building collections of MS64 or higher quality; as such an offering represents better value at a relatively low premium for gold coins.

The organisation added that its best recommendation, however, is to build up a type set. By opting to create such a collection, an opportunity will not pass by an investor.

Other options for potential value growth include opting to develop an all-proof Barber set, using coins of PR65-67 grade. Value for such items can be boosted by the low mintage of many of the Barber items.

Taking action now was advised by the group, as it noted that markets tend to rebound in mid-September, so prices could be due to rise in the near future. Complete sets could see strong value rises in short periods of time, the organisation said, so potential remains for investment growth.

The US Mint continues to release new gold coins. Currently a new series featuring the country's presidents is being released.
 

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India 2010 gold imports surpass 500 tonnes

Thursday, September 2nd, 2010

A new poll carried out among gold experts has shown that India has imported more than 500 tonnes of the precious material since the beginning of 2010.

According to the Reuters study, some 504.5 tonnes of gold has been purchased by operators in the Indian market in the last eight months and the industry is hoping that interest in the commodity will continue for the rest of the year.

Business Standard reports that members of the sector have met to discuss the country's rebound in gold interest at a conference in Varca, situated in the Goa state of west India.

Previous figures have shown that 2009 was one of the worst years on record for gold purchases in India, with import rates at 480 tonnes, but statistics indicate a rebound for the rest of 2010.

The Economic Times recently noted the major import markets for gold jewellery in India, including Switzerland, the UK, Africa, Australia and the Middle East.

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Gold investment ‘to overtake jewellery sales’

Thursday, September 2nd, 2010

More residents of India will be looking to invest in gold in forms other than jewellery in the second half of 2010, it has been suggested.

According to Anjani Sinha, chairman and managing director of the National Spot Exchange, there will be a rise of 25 to 30 per cent in the number of people buying gold as bars and coins, when compared to the second half of 2009.

Speaking to Reuters, the expert claimed that, while gold jewellery is a traditional gift in the country, more people are realising the benefits behind using alternative forms of investing in the precious metal.

Mr Sinha explained: "We expect more investments into gold from retail and high net-worth individuals. People have started realising the fact that coins and bars would protect the value of their investment, unlike jewellery."

His comments follow the Economic Times' report that gold jewellery imported into India typically comes from the Middle East, UK, Australia, Africa or Switzerland.

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Gold expert to consult at Whitman Expo

Thursday, September 2nd, 2010

The Whitman Coin and Collectibles Expo, set to take place in Philadelphia later this year, will see expert consultation from numismatist Mark Salzberg, it has been reported.

Visitors to the October 1st event will be able to receive a free consultation about their gold from the specialist, who is chairman of the Numismatic Guaranty Corporation (NGC) and is renowned for his coin grading expertise.

However, space will be limited and it is recommended that those wishing to be in with a chance of seeing Mr Salzburg should arrive at the expo early to take their place in the queue.

"The consultations will be one-on-one and will provide an opportunity to gain unique insight into a coin's grade and surface condition by having up to three examined by this leading expert," a statement from NGC said.

According to the organisers of the event, there are ten good reasons to attend, including the free admission, the chance to see rare coinage and the opportunity to complete personal collections.

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Gold jewellery takes centre stage at trade fair

Thursday, September 2nd, 2010

Those attending the annual jewellery trade fair in Australia this weekend were given the opportunity to see a vast array of gold products on display.

According to Jeweller magazine, Hong Kong-based firm Carat exhibited some of its gold pieces that are popular with celebrities around the world.
The heavily branded gold jewellery produced by the company has found favour with a number of star names, the article claims, with the Australian market served by a single outlet in Noosa, Queensland.

Iconic Jewellery also demonstrated personalised gold pieces as part of its Legacy New York range, which allows customers to engrave their own messages on to rings and other items.

Pieces on display at the event were part of the global launch of the company, Jeweller reports.

Held on August 29th-31st, the International Jewellery Fair featured 30 per cent new exhibitors this year, with a split focus on the latest product releases and on developing trends in the industry.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Carol Smillie named as face of gold jewellery brand

Thursday, September 2nd, 2010

Gold jewellery manufactured by a firm in Scotland is to be promoted by television personality Carol Smillie and her daughter.

The former Changing Rooms host will appear as the face of Ortak's new autumn-winter range of jewellery pieces, appearing in a new photoshoot with daughter Christie Knight, an up-and-coming model.

According to STV, the photos will appear in the company's catalogues as well as its shop windows across Scotland, Newcastle and Sheffield.

Smillie explained that the location of the firm was one of the main reasons for joining as an ambassador.

"I love the fact that Ortak is steeped in rich Scottish heritage and, being proud of my roots, I jumped at the chance to be associated with the brand," she said.

Smillie rose to fame alongside Nicky Campbell as co-host of TV quiz show Wheel of Fortune.
More recently, she returned to Glasgow School of Art, citing "unfinished business" on her official website, to learn painting and life drawing as a hobby.
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Gold gun to be auctioned

Thursday, September 2nd, 2010

A gold-filled army revolver produced before the American Civil War is due to go on sale on September 12th.
The weapon, dating from 1860, will feature in Fontaine's Auction Gallery's Civil War and Militaria Auction in Pittsfield, Massachusetts.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Gold coin collection sells for $88,000

Thursday, September 2nd, 2010

A woman who discovered a hoard of gold coins in her late father's garage has made more than $80,000 (£56,912) at auction.
News-Antique described how the lady came across suitcases containing the bounty when she was clearing out old clothes.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Numismatic gold coins ‘are worth more than face value’

Thursday, September 2nd, 2010

People wondering what the differences between numismatic gold coins and bullion are have been helped by one expert.

Guy Zona, a precious metals dealer, wrote for the Daily News Journal that numismatic coins are those that were used as currency prior to the 1930s and may have been used in circulation.

These often sell for more than their face value, with condition affecting how much more the coin will go for when sold at auction - high-end brilliant gold coins which have been uncirculated will win the best prices, Mr Zona said.

Bullion coins are those made of pure gold and sold directly by the government.

Value is based on the weight of the coin and they often sell for a small percentage over their melt value, it was explained.

Numismaster recently noted the role that William Woodin may have played in protecting gold coins minted before 1933, as the keen collector was US Treasury secretary when Franklin Delano Roosevelt issued a recall of the commodity.

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Chloe Sevigny opts for gold necklace for Emmys

Thursday, September 2nd, 2010

Chloe Sevigny has been photographed wearing an 18-c gold necklace and matching bracelet at the HBO reception following the 62nd Primetime Emmy Awards.
The actress teamed her Ippolita jewellery with an animal print dress by Lanvin in an outfit that Style Bistro named "Look of the day".
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.